Together with CFA Institute, EDHEC-Risk Institute has introduced seminars that take stock of the latest industry trends and research advances and clarify the distinction between true innovation and mere marketing claims.

The Advances in Asset Allocation seminar is an intensive three-day course that will provide participants with an in-depth appreciation of the concepts and techniques that will shape the future of investment management. The seminar will also equip them with practical tools to improve asset allocation and risk management processes, implement novel investment management approaches, and develop new products.

The first part of the seminar focuses on bridging the gap between portfolio theory and portfolio construction to achieve efficient risk diversification. The second part of the seminar shifts from static risk diversification to dynamic risk hedging and focuses on the design of optimal allocation strategies for investors endowed with long-term liability or consumption objectives. The final part of the seminar shows how to account for regulatory, accounting, and other short-term constraints, which requires implementing risk insurance, in addition to risk diversification and risk hedging.

The seminar is presented in a highly accessible manner by an instructor who combines academic expertise and industry experience. It strikes a balance between exploration of new models and a study of applications.

Seminar Instructor:

Lionel Martellini, PhD, Professor of Finance at EDHEC Business School and Scientific Director of EDHEC-Risk Institute.

Key Learning Benefits:

The seminar will enable participants to:

Bridge the gap between modern portfolio theory and practical portfolio construction to build stable models.

Understand enhanced index and optimal benchmark construction.

Understand state-of-the-art ALM and LDI and examine the role of alternative assets in ALM.

The programme is intended for investment management professionals who advise on or participate in the design and implementation of asset allocation policies and portfolio models and for sell-side practitioners who develop new asset management and ALM solutions for investors.

CFA Institute is the world’s leading association of investment professionals and
has been an unwavering promoter of higher industry standards for more than sixty years.

As a participant in the CFA Institute Approved-Provider Programme, EDHEC-Risk Institute has determined that this programme qualifies for 20 credit hours. Please see www.cfainstitute.org/ceprogram for more information.